New Tecumseth Market Update — February 2026

Market activity picked up in February as buyers and sellers continued returning after the winter slowdown.

 Sales increased to 36, up from 21 in January, showing stronger buyer activity
 New listings held steady at 94 compared to 95 in January, keeping new supply relatively stable
 Active listings rose to 208, up from 188 last month, giving buyers slightly more choice
 Months of Inventory moved to 5.7, compared to 5.6 in January, keeping the market balanced but leaning toward buyers

 Pricing trends

 Average sale price declined to $747,564, down from $860,215 in January
 Benchmark price sits at $763,300, slightly lower than $769,900 last month
 The difference between average and benchmark prices again highlights how monthly averages can be influenced by the mix of homes that sell

 What this means

While February brought more buyer activity, inventory is also gradually building. With months of inventory still above five, buyers continue to have negotiating power in many situations.

Homes that are priced well and show well are still selling, but the market remains sensitive to overpricing.

 Looking ahead

As we move toward the spring market, the key factor to watch will be whether demand rises faster than new listings. That balance will determine how competitive the market becomes over the next few months.